1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksandrR [38]
3 years ago
10

e lottery winner who is going to invest in utility bonds and a savings account using the following data: Assume that her total w

innings are $ 700000, that the utility bonds will pay 3 percent per year, and that the savings account will pay 2 percent per year. How much should she allocate to each investme?
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0

Answer:

How much should she allocate to each investme?

420000 in Bonds and

280000 in Saving Account

Explanation:

x*0.03 = y*0.02

Assuming she has to invest everything

x+y = 700,000

x = 700,000-y

Plug that in to the above

(700000-y)*0.03 = y*0.02

21000 - 0.03y = 0.02y

21000 = 0.05y

y = 420000

x = 700,000-y

x = 700,000-420000= 280000

420000 in Bonds and

280000 in Saving Account

Income saving=280000*2%=5600

Utility bonds=420000*3%= 12600

You might be interested in
XYZ stock price and dividend history are as follows: YearBeginning-of-Year PriceDividend Paid at Year-End2015 $130 $5 2016 144 5
Rina8888 [55]

Answer:

Arithmetic mean = 3.67%

Geometric mean = 3.02%

Explanation:

The following sorted data are given in the question:

Year           Beginning-of-Year Price         Dividend Paid at Year-End

2015                            $130                                            $5

2016                              144                                               5

2017                              120                                               5

2018                              125                                               5

Therefore, we have:

Arithmetic average return = Sum of returns/ number of years ………....….. (1)

Geometric average return = n * ((1+r1)*(1+r2)*(1+r3)…(1+rn)^(1/n) - 1 .……….. (2)

Where;

n = years 1, 2, 3….

r1, r2, r3… are the returns for year 1, 2, 3….

Return for each year = ((Current year Beginning-of-Year Price – Previous year Beginning-of-Year Price) + dividend) / Previous year Beginning-of-Year Price .................... (3)

Using equation (3), we have:

2016 Return = ((144 - 130) + 5) /130 = 0.146153846153846

2017 Return = ((120 - 144) + 5) /159 = -0.119496855345912

2018 Return = ((125 - 120) + 5) /120 = 0.0833333333333333

Using equation (1), we have:

Arithmetic mean = (2016 Return + 2017 Return + 2018 Return) / 3 = (0.1461538461538460 - 0.1194968553459120 + 0.0833333333333333) / 3 = 0.0367, or 3.67%.

Using equation (2), we have:

Geometric mean = ((1 + 2016 Return) * (1 + 2017 Return) * (1 + 2018 Return))^(1/3) - 1 = ((1 + 0.146153846153846) * (1 - 0.119496855345912) * (1 + 0.0833333333333333))^(1/3) - 1 = 0.0302, or 3.02%

3 0
3 years ago
Left, right, center,and justify are types of what
forsale [732]

Answer:

Justified Alignment

Explanation:

The type of text alignment that is frequently seen in newspaper,magazines,and books(both the left and the right sides of the paragraph are perfectly straight).I'm sorry if it was wrong.

brainliest plz ;-;

8 0
2 years ago
Susan bought a new sweater on sale for dollar 28.93.she was charged HST of 13%.find the total amount of her bill including taxes
Leya [2.2K]

Answer:

The answer is 32.69$.

Explanation:

The Sale price of sweater was $28.93, to add 13% HST we need to multiply 28.93 by 13 % & add 28.93 to it.

8 0
3 years ago
One benefit of specialization is that it​
tiny-mole [99]
-Whenever countries have different opportunity costs in production they can benefit from specialization and trade.
-Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.
8 0
3 years ago
In 2002 Ortega's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. We can conclude that Ortega's real
monitta

Answer:

c rose by 3 percent.

Explanation:

Real income is nominal income less price level changes.

Real income = nominal income - changes in price level

4.6 % - 1.6% = 3%

I hope my answer helps you

4 0
3 years ago
Other questions:
  • The _____ of an ad is defined as being the average number of times a person must see or hear a message before it becomes effecti
    7·1 answer
  • Which jobs would be included in the Marketing, Sales, and Service career cluster?
    8·1 answer
  • The number-one cash crop in the united states was marijuana prior to 1890.
    11·1 answer
  • Designing a new backpack at an outdoor sports equipment company is an example of a: Select one: a. Product-level activity. b. Fa
    11·1 answer
  • Candice’s first job was at the grocery store making deli food. While in culinary school, she worked part time in a restaurant ki
    10·1 answer
  • The crusades sped up and significantly increased the breakdown of the:
    13·1 answer
  • Sample observations of a claims processor made over a 160-hour work month reveal that the worker produced a total of 384 complet
    6·1 answer
  • Which costs are paid by the loan application fee?
    15·2 answers
  • Who else is sitting somewhere, bored ash, looking for a convo?
    9·1 answer
  • Help hep help help help
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!